Plan Ledger DOL Form 5500 · updated monthly

Panariagroup USA, Inc.401(k)

PANARIAGROUP USA SAVINGS & INVESTMENT PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.15%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Panariagroup USA, Inc. reported $37,043 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $668 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.07% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 242nd-largest of 871 plans among Kentucky employers on file, and the 4,955th of 13,661 in manufacturing. In 2024, employees put in $8.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,268,978
Participants with balances627
Active participants455
Employer contributions$303,978
Employee contributions$2,644,068
Employer contribution per active participant$668
Average account balance$41,896
Benefits paid to participants$3,277,263
Plan auditUnmodified (clean) audit opinion
AuditorSKW CPAS & ADVISORS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 627 accts · $304K emplr
2023$23.9M · 572 accts · $283K emplr
2022$20.6M · 576 accts · $233K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,830
Investment management$30,213
Total administrative$37,043
The Panariagroup USA, Inc. 401(k) match · 2024
Employer contribution per active participant$668
Median for plans this size$2,416
2024$668 per active participant
2023$662 per active participant
2022$507 per active participant

Panariagroup USA, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (participants) · Investment advisory (plan)$30,213
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,830

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$37,043 · 0.15%
2023$7,001 · 0.03%
2022$16,219 · 0.07%
Same employer
Similar plansManufacturing · Kentucky
Hines Precision Inc. KY$29.8M · 0.21%
Mpd, Inc. KY$26.5M
Post Glover Resistors, Inc. KY$26.3M · 0.37%
Topy America, Inc. KY$25.4M · 0.07%
Vuteq USA, Inc. KY$25.2M · 0.31%
The Williamson Group, Inc. KY$24.1M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980484710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.